3500 S Ocean Boulevard 500, South Palm Beach, FL 33480 (MLS# RX-11168221)

3500 S Ocean Boulevard 500, South Palm Beach, FL 33480

$750,000
Property Type: Residential Bedrooms: 2 Baths: 2.1 Square Footage: 2,720 Status: Active
Current Price: $750,000 Last Modified: 3/04/2026

Description

Wake up to sweeping direct ocean views from this rarely available, entire top-floor penthouse offering 2,720 sqft of living space and a huge private terrace ideal for outdoor dining and entertaining, plus additional Intracoastal vistas from the kitchen, dining room and guest bedroom. This expansive 2BR/2.5BA features hardwood floors, walk-in closet, in-unit washer/dryer and abundant natural light throughout. The generous split-bedroom layout provides endless potential. Unit is in original condition and requires renovation, presenting an excellent value-add opportunity to customize and significantly enhance value. Boutique 67-unit building with deeded beach access, heated pool, grilling area, elevator, and 3 parking spots.Concrete restoration and major improvements completed.

More Information MLS# RX-11168221

Contract Information

Auction: No List Price/SqFt: 275.74 Negotiable Seller Concessions YN: No Listing Date: 2026-03-02 Status: Active Original List Price: 750000 List Price: $750,000 Current Price: $750,000

General Property Description

Governing Bodies: Coop W/D Allowed: Yes Main Level Bedrooms: 2 Main Level Bathrooms: 3 Property Condition: Resale SqFt - Total: 2720 Waterfront: Yes SqFt Source: Tax Rolls Guest House: No Gated Community: No Covered Spaces: 3 Homeowners Assoc: Mandatory Pets Allowed: Yes Pets on Premises: Yes Front Exp: East HOA/POA/COA (Monthly): 1874.73 Unit Floor #: 5 Application Fee: 150 Association Deposit: No Directions: lake Ave East to South Ocean Blvd, go north to Building Membership Fee Required: No Private Pool: No Spa: No Type: Condo/Coop Total Bedrooms: 2 Baths - Full: 2 Baths - Half: 1 Baths - Total: 2.1 Year Built: 1962 SqFt - Living: 2720 Garage Spaces: 3 Subdivision: SOUTH PALM RESIDENCE INC Legal Desc: SOUTH PALM RESIDENCE INC APT 500 Lot SqFt: 92727 Total Floors/Stories: 5

Location, Tax & Legal

Geo Area: PB30 Country: United States State/Province: FL HOPA: No Hopa Short Sale: No Tax Year: 2025 Zoning: R-2A(c Short Sale A/U: N/A Short Sale Addendum: No Taxes: 4701.32 Special Assessment: Yes REO: No Area: 5004 County: Palm Beach Parcel ID: 62434435280005000 Street #: 3500 Street Dir: S Street Name: Ocean Street Suffix: Boulevard Unit #: 500 Zip Code: 33480 Geo Lat: 26.593252 Geo Lon: -80.038221

Office/Member Info

DXORIGMLNO: RX-11168221 DXORIGMLSID: RML

Design

4+ Floors: 1

Unit Desc

Penthouse: 1

Construction

Concrete: 1

Master Bedroom/Bath

Dual Sinks: 1

View

Intracoastal: 1 Ocean: 1

Rooms

Laundry-Inside: 1

Waterfront Details

Oceanfront: 1

Lot Description

2 to < 3 Acres: 1

Equip/Appl Included

Dishwasher: 1 Dryer: 1 Freezer: 1 Range - Electric: 1 Refrigerator: 1 Washer: 1

Laundry Appliances Included

Washer and Dryer: 1

Cooling

Central: 1

Heating

Central: 1

Furnished

Unfurnished: 1

Interior Features

Elevator: 1 Walk-in Closet: 1

Flooring

Wood Floor: 1

Porch/Patio/Balcony

Balcony: 1 Patio: 1

Utilities

Electric: 1 Water Available: 1

Parking

2+ Spaces: 1 Assigned: 1 Deeded: 1

Restrict

Buyer Approval: 1

Subdiv. Amenities

Elevator: 1

Maintenance Fee Incl

Common Areas: 1 Elevator: 1 Manager: 1 Pool Service: 1 Sewer: 1 Trash Removal: 1 Water: 1 Water Treatment: 1

Terms Considered

Cash: 1 Conventional: 1

Possession

At Closing: 1

Showing Instructions

Text Listing Agent: 1

Storm Protection

Accordion Shutters: Complete

Dining Area

Formal: 1

Taxes

City/County: 1

Property Features

Design: 4+ Floors Unit Desc: Penthouse Construction: Concrete View: Intracoastal; Ocean Waterfront Details: Oceanfront Lot Description: 2 to < 3 Acres Interior Features: Elevator; Walk-in Closet Furnished: Unfurnished Rooms: Laundry-Inside Parking: 2+ Spaces; Assigned; Deeded Maintenance Fee Incl: Common Areas; Elevator; Manager; Pool Service; Sewer; Trash Removal; Water; Water Treatment Restrict: Buyer Approval Flooring: Wood Floor Heating: Central Cooling: Central Laundry Appliances Included: Washer and Dryer Dining Area: Formal Terms Considered: Cash; Conventional Utilities: Electric; Water Available Taxes: City/County Possession: At Closing Showing Instructions: Text Listing Agent

Room Information

Living Room Length: 54.00 Width: 18.00 Length: 54.00 Level: Main Width: 18.00 Kitchen Length: 25.00 Width: 13.00 Length: 25.00 Level: Main Width: 13.00 Master Bedroom Length: 25.00 Width: 19.00 Length: 25.00 Level: Main Width: 19.00 Bedroom 2 Length: 15.00 Width: 13.00 Length: 15.00 Level: Main Width: 13.00 Dining Room Length: 16.00 Width: 13.00 Length: 16.00 Level: Main Width: 13.00
Listing Office: Douglas Elliman
IDX
Last Updated: March - 04 - 2026
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